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Home Crypto DeFi Interest Rates Stablecoins

List of All Stablecoins
September 2022

Stablecoins are coins that are designed to track the value of a non-crypto asset. Many stablecoins are designed to track the US Dollar. Stablecoins also exist that track other fiat currencies such as the Euro, whilst other stablecoins track the price of physical assets such as gold.
Symbol Coin Name Price 7 Day Chart Best Savings Rate
Tether logo USDT
Tether
$1.00
0.1% arrow up 24 Hr
Buy
Go
10.3%
APY
USD Coin logo USDC
USD Coin
$1.00
0.1% arrow up 24 Hr
Buy
Go
10.3%
APY
Binance USD logo BUSD
Binance USD
$1.00
-0% arrow down 24 Hr
Buy
Go
10.3%
APY
Dai logo DAI
Dai
$0.99
0.1% arrow up 24 Hr
Buy
Go
10.3%
APY
TrueUSD logo TUSD
TrueUSD
$0.99
-0% arrow down 24 Hr
Buy
Go
10.3%
APY
Pax Dollar logo USDP
Pax Dollar
$1.07
0.1% arrow up 24 Hr
Buy
Go
10.3%
APY
USDD logo USDD
USDD
$1.00
0.1% arrow up 24 Hr
Buy
Neutrino USD logo USDN
Neutrino USD
$0.92
0.7% arrow up 24 Hr
Buy
FEI
Fei USD
$1.00
0.5% arrow up 24 Hr
Buy
Go
1.1%
APY
USTC
TerraClassicUSD
$0.03
22.3% arrow up 24 Hr
Buy
Go
14%
APR
GUSD
Gemini Dollar
$1.01
1% arrow up 24 Hr
Buy
Go
7%
APY
TRIBE
Tribe
$0.22
5.6% arrow up 24 Hr
Buy
FRAX
Frax
$1.00
0.2% arrow up 24 Hr
Buy
Go
0%
APY
LUSD
Liquity USD
$1.03
-0.8% arrow down 24 Hr
Details
HUSD
HUSD
$1.00
0.5% arrow up 24 Hr
Buy
Go
8%
APR
EURS
STASIS EURO
$0.96
0.1% arrow up 24 Hr
Buy
Go
8%
APR
USDX
USDX [Kava]
$0.94
-0.2% arrow down 24 Hr
Details
vUSDC
Venus USDC
$0.02
0.1% arrow up 24 Hr
Buy
SUSD
sUSD
$0.99
0.8% arrow up 24 Hr
Buy
Go
2.1%
APY
vBUSD
Venus BUSD
$0.02
-0% arrow down 24 Hr
Details
VAI
Vai
$0.94
0.6% arrow up 24 Hr
Buy
XSGD
XSGD
$0.71
0.2% arrow up 24 Hr
Buy
CUSD
Celo Dollar
$1.06
-0.1% arrow down 24 Hr
Buy
OUSD
Origin Dollar
$1.00
0.2% arrow up 24 Hr
Buy
MUSD
mStable USD
$1.00
0.4% arrow up 24 Hr
Buy
CEUR
Celo Euro
$0.96
-0.6% arrow down 24 Hr
Details
vUSDT
Venus USDT
$0.02
0.1% arrow up 24 Hr
Details
SBD
Steem Dollars
$2.51
3.3% arrow up 24 Hr
Details
QC
Qcash
$0.08
0% 24 Hr
Details
RSV
Reserve
$1.00
0.1% arrow up 24 Hr
Buy
USDK
USDK
$1.00
1.2% arrow up 24 Hr
Buy
KRT
TerraKRW
$0.000598
6.8% arrow up 24 Hr
Details
DGD
DigixDAO
$208.45
7.1% arrow up 24 Hr
Buy
BIDR
BIDR
$0.00007
-0.2% arrow down 24 Hr
Buy
Go
0.3%
APY
IDRT
Rupiah Token
$0.000068
-0.1% arrow down 24 Hr
Buy
vDAI
Venus DAI
$0.02
0.1% arrow up 24 Hr
Details
BITCNY
bitCNY
$0.14
-0.4% arrow down 24 Hr
Details
EBASE
EURBASE
$0
0% 24 Hr
Details
XCHF
CryptoFranc
$1.03
1.4% arrow up 24 Hr
Buy
EOSDT
EOSDT
$0.89
-0.2% arrow down 24 Hr
Details
ESD
Empty Set Dollar
$0.00244
0.6% arrow up 24 Hr
Details
USDS
Stably USD
$0.95
0.2% arrow up 24 Hr
Buy
DGX
Digix Gold Token
$7.18
-4.6% arrow down 24 Hr
Details
BAC
Basis Cash
$0.00566
-0.5% arrow down 24 Hr
Buy
HGT
HelloGold
$0
-35.6% arrow down 24 Hr
Details
ITL
Italian Lira
$0.000002
7.3% arrow up 24 Hr
Details
USNBT
NuBits
$0.00366
0% 24 Hr
Details
USDP
USDP Stablecoin
$1.00
-0% arrow down 24 Hr
Details
AGEUR
Angle Protocol
$0.96
-0% arrow down 24 Hr
Buy
Go
0.7%
APY
CUSDT
Compound USDT
$0.02
-0% arrow down 24 Hr
Details
USDZ
ZEDXION
$1.00
-0% arrow down 24 Hr
Details
MIM
Magic Internet Money
$1.00
0.1% arrow up 24 Hr
Buy
DUSD
Decentralized USD(Defichain)
$0.66
-5.2% arrow down 24 Hr
Details
EURT
Tether EURt
$0.97
-0% arrow down 24 Hr
Buy
USDH
USDH
$1.00
-0.1% arrow down 24 Hr
Buy
USDR
Ratio Stable Coin
$0.99
-0% arrow down 24 Hr
Buy
TRYB
BiLira
$0.06
0.8% arrow up 24 Hr
Buy
DUSD
DefiDollar
$1.01
-1.4% arrow down 24 Hr
Details
SEUR
sEUR
$0.98
0.4% arrow up 24 Hr
Buy
MUSD
Mad USD
$1.00
-0.4% arrow down 24 Hr
Details
USDs
Sperax USD
$0.99
-0.5% arrow down 24 Hr
Details
TOR
TOR
$1.00
-0% arrow down 24 Hr
Buy
MIMATIC
MAI
$0.99
0.1% arrow up 24 Hr
Buy
Go
2.2%
APY
ONC
One Cash
$0.16
4.9% arrow up 24 Hr
Details
ALUSD
Alchemix USD
$1.00
0.1% arrow up 24 Hr
Buy
PAR
Parallel
$1.00
-0.3% arrow down 24 Hr
Buy
MTR
Meter Stable
$1.17
-0.6% arrow down 24 Hr
Details
xDAI
xDAI
$1.00
0.3% arrow up 24 Hr
Buy
XUSD
xUSD Token
$1.20
-2.9% arrow down 24 Hr
Details
mCUSD
Moola Celo USD
$1.00
-0.4% arrow down 24 Hr
Buy
JPYC
JPY Coin
$0.00687
-0.3% arrow down 24 Hr
Buy
ONEICHI
oneICHI
$1.00
0.4% arrow up 24 Hr
Buy
WANUSDT
wanUSDT
$1.00
-0.6% arrow down 24 Hr
Details
USDEX
USDEX
$1.06
0.2% arrow up 24 Hr
Buy
FUSD
Fuse Dollar
$1.00
-0% arrow down 24 Hr
Buy
XIDR
XIDR
$0.000066
-0.2% arrow down 24 Hr
Buy
USDI
USDi
$1.01
0.7% arrow up 24 Hr
Buy
USN
USN
$1.00
-0.3% arrow down 24 Hr
Buy
1GOLD
1irstGold
$70.48
1.3% arrow up 24 Hr
Details
BKRW
Binance KRW
$0
-0% arrow down 24 Hr
Buy
mCEUR
Moola Celo EUR
$0.96
-0.6% arrow down 24 Hr
Details
USX
dForce USD
$1.00
1% arrow up 24 Hr
Details
USDS
SpiceUSD
$0.70
-9.4% arrow down 24 Hr
Details
JPYC
JPY Coin v1
$0.00711
0.6% arrow up 24 Hr
Details
FUSD
Fantom USD
$0.33
2.2% arrow up 24 Hr
Details
MXNT
Mexican Peso Tether
$0.05
0.2% arrow up 24 Hr
Details
XSTUSD
SORA Synthetic USD
$0.80
-11.2% arrow down 24 Hr
Buy
fUSDT
Frapped USDT
$1.00
-0% arrow down 24 Hr
Buy
Go
2.9%
APY
USDL
USDL
$0
0.6% arrow up 24 Hr
Details
USDEX
USDEX
$0
0.1% arrow up 24 Hr
Details
YUSD
YUSD Stablecoin
$1.01
1.6% arrow up 24 Hr
Buy
IUSDS
Inflation Adjusted USDS
$0.50
-13.1% arrow down 24 Hr
Details
FLUSD
Fluity USD
$0
-0% arrow down 24 Hr
Details
XUSD
xDollar Stablecoin
$1.06
0.1% arrow up 24 Hr
Details
DPT
Diamond Platform Token
$0.23
-0% arrow down 24 Hr
Details
ARTH
ARTH Valuecoin
$2.23
0.6% arrow up 24 Hr
Buy
MONEY
Moremoney USD
$1.01
3.2% arrow up 24 Hr
Buy
IRON
Iron
$0.96
0.1% arrow up 24 Hr
Buy
USDB
USD Bancor
$0.12
5.4% arrow up 24 Hr
Buy
DSD
Dynamic Set Dollar
$0.00000014
-28.6% arrow down 24 Hr
Details

What are stablecoins?

Stablecoins are cryptocurrencies with stable prices pegged to real-life assets in a 1:1 ratio. They are meant to provide stability in cryptocurrency markets. Even the major cryptocurrencies such as Bitcoin, Ethereum, and BNB prices are highly volatile. It is very usual to see %50 drops or %100 gain in prices.

Why are stablecoins used for?

The biggest advantage of stablecoins is that they can be accepted as a store of value coins. Their prices are stable and you can still earn interest by lending or holding them in a saving account. You can compare saving platforms by using our Crypto Portfolio Optimiser. Crypto saving platforms offer very competitive high rates compared to traditional banks.

The second important advantage of stablecoins is they are used as a medium of exchange. They are very cost-efficient and fast in terms of transferring funds. You can easily transfer money internationally in seconds at a very low cost.

What are the real-life assets with a digital stablecoin?

The USD dollar is the most used fiat currency in the world and its stablecoins are the same in crypto markets. Dollar stablecoins such as USDT, USDC, BUSD, and UST are the most used stablecoins. The first stablecoin is Tether (USDT) which was created back in 2014 and since then there are different types of stablecoins pegged Dollar prices in a 1:1 ratio. There are also other stablecoins pegged to gold, silver, and copper prices. PAXG is the most used gold-pegged stablecoin in the markets.

How many stablecoins are there?

There are tens of stablecoins provided by different companies and platforms. Here are listed the most used stablecoins and their origins.

USDT

USDT is the most widely used stablecoin and was known as Realcoin back in 2014 when it was first created. Tether is created by Brock Pierce with Reeve Collins and Craig Sellars. Brock Pierce is a well know figure in the blockchain industry. He was elected Director of Bitcoin Foundation which is a nonprofit corporation to promote and contribute developments for Bitcoin. He is also one of the founders of the Blockchain Capital with Bart Stephens, Bradford Stephens. Blockchain Capital is the oldest and most active venture capital company investing in blockchain technologies. Brock Pierce told that his involvement in Tether ended in 2015 and it is one of the most important innovations in the blockchain industry. Now, Tethers are created by Tether LTD company based in Hong Kong. USDT stablecoins are created as an Omni layer on Bitcoin, as ERC-20 tokens on the Ethereum network, and the same way on other major blockchains. USDT is the third-largest market cap cryptocurrency after Bitcoin and Ethereum. It is by far the most used stablecoin.

The company is required to hold dollar deposits equal to the amount of USDT they issued. But it is unclear if the company has enough assets to cover %100 of Tethers on the market. The company announced that Tether is %100 backed by multiple assets. The company hasn’t stated itemized explanation of multiple assets they are holding.

USDC

USDC is the second biggest stablecoin and fifth biggest cryptocurrency by market cap after Bitcoin, Ethereum, USDT, and BNB. USDC is created in 2018 by a consortium that was founded by Circle in a corporation with leading cryptocurrency exchange platform Coinbase and Bitcoin mining company Bitmain.

Coinbase is a San Francisco-based and Nasdaq-listed cryptocurrency exchange and financial services company. Coinbase is a well-known authority in the crypto and blockchain industry. The company has raised more than $540M USD in funding.

The company Centre claims to be fully transparent about its USD reserves holdings. Each USDC is backed by one USD. USDC stablecoins are issued under the surveillance of licensed and regulated financial institutions to make sure the company has enough reserve holdings.

BUSD

BUSD is the Dollar pegged stablecoins created by Binance in 2019. Binance is the world’s leading and biggest cryptocurrency exchange platform. Binance created BUSD in a partnership with Paxos. Paxos is a NewYork regulated financial institution and blockchain infrastructure platform. There are 1:1 dollars held in Paxos’ bank accounts as collateral against each BUSD.

BUSD is the 13th biggest cryptocurrency by market cap after Avax, Luna, Doge, and Dot. BUSD is very new in the market compared to USDT and USDC but it is catching up very quickly and increasing its share on the market.

UST

UST is a stablecoin in a different way. There is no regulated, centralized financial institution behind it. UST is decentralized stablecoin created on Ethereum by Terra network. It is an algorithm that always keeps the price of a UST equal to 1 USD.

PAXG

PAXG is a stablecoin pegged to Gold prices. Each Paxg’s price is always equal to the price of an ounce of gold. The creator company holds the equivalent amount of gold in their assets and you can look up the allocated assets by their serial numbers.

Types of Stablecoins

Stablecoins are not issued or controlled by government central banks. They are created by independent companies, institutions, and platforms. There are mainly three types of stablecoins.

Fiat Collateralized or Commodity Backed Stablecoins

Those stablecoins prices are pegged to a real-life asset in a 1:1 ratio in price and the issuer company holds an equivalent amount of real asset for each stablecoins created. USD Dollar is the most used asset for stablecoins. The most used stablecoins are pegged to and backed with the USD Dollar.

Crypto Collateralized Stablecoins Those stablecoins are created as a smart contract and they don’t require a real-life asset to be collateralized. Other cryptocurrencies can be used as collateral. The best example of those coins is DAI stablecoin from MakerDAO. DAI is a stablecoin with a price that is always equal to one USD. The platform MakerDAO creates new DAI stablecoins only against crypto collateral. You can use your crypto funds as collateral on the platform and get your DAIs.

Algorithmic Stablecoins

Algorithmic stablecoins don’t require any crypto or non-crypto collateral. They are not backed by any asset but an algorithm. The underlying algorithm creates a stable value and keeps the price stable by controlling the supply of coins.

Disadvantages of Stablecoins

Stablecoins are created by private third parties. Traditional fiat currencies are issued and controlled by government central banks and they are backed by the country’s sovereignty. Central banks are responsible for protecting the value of their currency. But stablecoins are created independently and they are not regulated well. You will most likely use stablecoins if you are involved in crypto buying, selling, and trading. Choose the most comfortable and safest stablecoin for your convenience.

Stablecoin Comparisons

Article by Yunis
1 July 2021 (Updated 27 September 2022)
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